01-October-2026
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Economy News
 
China Unveils Rate Cut, Mortgage Subsidies to Spur Growth
30-Sep-2026

China on Tuesday cut the rate on a key central-bank lending facility and announced interest subsidies on new commercial mortgages for eligible first-time homebuyers, its latest effort to support a slowing economy.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-29/china-unveils-rate-cut-mortgage-subsidies-to-spur-growth